Democrats’ $1.8 Trillion Spending Plan Could Add $367 Billion To Budget Deficit In 10 Years Despite New Taxes, CBO Finds

Topline The Congressional Budget Office on Thursday finished assessing Democrats’ sweeping $1.8 trillion social spending proposal and concluded it would add about $367 billion to the nation’s budget deficit over the next decade, falling short of claims the package would fully pay for itself—even with additional revenue from tax enforcement activities.  House Speaker Nancy Pelosi…

Biden Signs $1.2 Trillion Infrastructure Bill—Here’s Everything It Will Pay For

Topline President Joe Biden on Monday signed into law one of the largest infrastructure packages in U.S. history after months of bipartisan negotiations and tense political infighting, shoring up $1.2 trillion in funds, including $550 billion in new investments for the nation’s bridges, airports, waterways, public transit and more—here’s what you need to know about…

These Stocks Are Surging After House Passes $1 Trillion Infrastructure Bill

Topline A handful of construction and electric vehicle companies saw shares surge on Monday—with analysts predicting further gains ahead—after the House of Representatives passed its $1 trillion infrastructure bill over the weekend. Construction giants, materials producers and electric vehicle charging companies all stand to gain … [+] from the hundreds of billions committed to infrastructure…